An undisclosed buyer signed a letter of intent to acquire Harumi Island Triton Square Office Tower Y from Nomura Real Estate Master Fund, Inc. (TSE:3462) for ¥22.8 billion on July 9, 2024. A cash consideration of ¥22.82 billion will be paid by the buyer. As part of consideration, ¥22.82 billion is paid towards assets of Harumi Island Triton Square Office Tower Y.

For the period ending December 31, 2023, Harumi Island Triton Square Office Tower Y reported total revenue of ¥1.41 billion.

The expected completion of the transaction is July 31, 2024.